Property Details

Investment Summary 1.the Property Is Located In The Centre Of The Sought After Town Or Welshpool 2.the Retail Property Is Let On Internal Repairing And Insuring Terms To Include The Shopfront. The Tenant Is Holding Over On Their Lease On A Passing Rent Of £9,200 Per Annum 3.the Property Benefits From A4 Planning Consent 4.the Property Comprises Three Self Contained One/2 Bedroom Apartment/studios 5.secure Rental Income Of £21,920 Per Annum The Property Comprises A 4 Storey Listed Town Centre Retail Property With Upper Parts And A Rear Extension. Currently The Ground And First Floors Are Occupied By A Restaurant While The Upper Parts And Rear Extension Are Converted Into Living Accommodation Comprising Of One 1 Bedroom Studio With Its Own External Staircase Access And One 1 Bedroom And One 2 Bedroom Apartments Above The Main Building. The Flats Have Separate Access From The Restaurant. The Property Is Of Traditional Brick Construction Under A Tiled Roof.